AstroNova (ALOT) Set to Announce Earnings on Thursday

AstroNova (NASDAQ:ALOT – Get Rating) is scheduled to post its quarterly earnings results before the market opens on Thursday, March 23rd. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

AstroNova Stock Down 1.7 %

NASDAQ:ALOT opened at $13.59 on Thursday. The firm’s 50 day simple moving average is $13.07 and its 200 day simple moving average is $12.33. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.96 and a quick ratio of 0.75. AstroNova has a one year low of $10.97 and a one year high of $15.90. The company has a market cap of $99.89 million, a PE ratio of 169.90 and a beta of 0.63.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ALOT. Dimensional Fund Advisors LP lifted its position in shares of AstroNova by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 543,927 shares of the business services provider’s stock worth $8,251,000 after purchasing an additional 3,388 shares during the period. State Street Corp lifted its position in shares of AstroNova by 15.9% in the 1st quarter. State Street Corp now owns 18,889 shares of the business services provider’s stock worth $287,000 after purchasing an additional 2,589 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in shares of AstroNova by 124.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,136 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 1,186 shares during the period. Institutional investors and hedge funds own 45.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of AstroNova in a research report on Monday. They issued a “strong-buy” rating on the stock.

About AstroNova

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AstroNova, Inc engages in the design, development, manufacture, and distribution of specialty printers and data acquisition and analysis systems. It operates through the Product Identification (PI) and Test and Measurement (T&M) segments. The PI segment offers digital label printers, over-printers, labeling software, spare parts, service contracts, and related printing supplies such as pressure sensitive labels, tags, inks, toners, and thermal transfer ribbons used in product identification digital printers.